Patriot Signs with Textron, Approved by GEICO

August 18, 2006

Patriot Motor Corporation, parent company of Patriot Motorcycle Corporation, has established a dealer-flooring program with the Textron Financial division of Textron, Inc., for its Steed brand of V-twin motorcycles.
"Textron Financial will offer financing solutions to our dealers,” said Michel Attias, CEO and President of Patriot Motor Corporation. “This relationship will provide the credit lines, quality service and flexible programs necessary for all of us to grow the business now and into the future."
In related news, Patriot also announced that GEICO Indemnity Company will arrange immediate coverage via its comprehensive GEICO Motorcycle Insurance Program.